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You are bearish on Telecom and decide to sell short 1 0 0 shares at the current market price of $ 5 0 per share.

You are bearish on Telecom and decide to sell short 100 shares at the current market price of $50 per share. Considering an initial margin requirement of 50%, what will be your rate of return if the price of Telecom stock goes up by 10% during the following year? (Assume that the shares pay no dividends)

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